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Fair value of a demand deposit?

How do you compute fair value of a demand deposit as per IFRS13?

asked Feb 3, 2013 in IFRS 13 - Fair Value Measurement by anonymous
retagged Feb 16, 2013 by Mysio

1 Answer

0 votes
As per IFRS 13 - Fair Value Measurement, the fair value of a demand deposit obtained is not less than the amount payable on demand. The amount payable on demand may have to be discounted if necessary.
answered Feb 3, 2013 by AnaY Level 2 Member (3,240 points)